BREAKING NEWS: BlackRock Reapplies for Bitcoin Spot ETF with Feature SEC Has Never Wanted Before!

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According to the latest development, BlackRock's ISHARES Bitcoin ETF product has applied for in-kind redemptions.

The SEC had pressured Bitcoin Spot ETFs to include only cash reimbursements when approving them, refusing to allow in-kind reimbursements to apply. In-kind refunds with tax advantages will be positive for the cryptocurrency market if adopted.

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